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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?


To: Ken Wolff who wrote (7)1/8/1998 8:50:00 AM
From: Dave O.  Respond to of 2120
 
< DUMPER PATTERN - Dumpers are stocks that dump 20% or more on mediocre bad news >

Although I'm behind on reading all the posts, ATML fit this criteria yesterday. I tried to buy twice on Selectnet at 15 1/2 and later at 16 1/4 as it seemed to have some decent momentum. The MM's declined me, obviously they knew it had more room to run. How far will you "chase" a stock like this if you don't get filled? Or do you continue to just watch the momentum?

Dave